Until we restore employment across the country, we have not brought back the economy.
If there is not credit, then that affects the ability of people to buy autos and other goods and services.
I think the institution with the most experience in these kinds of resolutions is the FDIC.
I do agree with that. Fannie Mae and Freddie Mac are particular problems and issues have to be addressed.
I think it is very appropriate to begin winding it down.
the Federal Reserve, they created, arguably, the most powerful institution in the whole world.
the Federal Government, the Federal Reserve, let down the American people and a lot of people have been hurt.
For me, perhaps the biggest failure in the Federal Reserve in the political side here in Washington is that amid all of these failures, the ...
We cannot allow that to happen with the Federal Reserve.
Well, it is technically a recovery in that it is growing and that we are no longer declining, but it is certainly not a satisfactory situati...
countries that have independent central banks, that make monetary policy without political intervention, have lower inflation, lower interes...
It is imperative, the most important thing that Congress can do is find a way to solve the 'too big to fail' problem.
I think that is the first best way to try to address bubbles.
It is my belief that if we had not acted, if Congress had not supported our actions to stabilize the system...
I agree with you about remittances. That has been an interest of mine for some time.
The government can provide various incentives, encouragements, to banks to do what in many cases is really in their own interest.
I personally understand this issue because I grew up in an unbanked family.
The unemployment rate is very high, and it is a tremendous problem, and it obviously means a lot of hardship for a lot of people.
